This PIG is going back to the 30s.
Too many bulls on NKE. Crowded trade. I will take the other side.
Quote from Ackman:
"So we covered a bunch of the short, as I've said publicly, and we bought relatively long-dated puts," Ackman said Friday. "What we've done since then is simply rolled those puts and kept on approximately the same size investment."
He has said since many times that he is completely in long dated puts, and that he no longer has a short position in the stock.
Hey DOPEY......you "bet he owns a lot (two words) of calls"???? LOL....you are truly an IDIOT.
You obviously didn't read Ackman's disclosure. It's been common knowledge for way over a year that he converted his short position completely into PUTS.
Why don't you try doing a little research......and take a 5th grade grammar class.....a lot in your sentence is two words.
Sheesh.......is there no end to the lack of knowledge and education on these chat boards?
Seriously, sport. Do you really NOT understand the difference between being SHORT a stock, or being LONG PUTS in the stock?
Ackman's positions are completely spelled out in his filings. Why don't actually do some research and READ them.
Man you really are an IDIOT. Get an education. Perhaps then you won't look so STUPID when you post.
See you in the 40s.
Hey DOPE......you obviously don't understand hedge funds. Geez....just another example of your STUPIDITY of how the stock market works.
You can't just decide to redeem your positions in a hedge fund anytime you want. It takes up to TWO YEARS in many cases.
The next date that they can file for redemptions in PS is in May you MORON.
Get an education you MORON.
It's not worth wasting time responding to SKINFLUTE_GREG, because it's obvious that he hasn't got a clue as to how the stock market works.
The dork is a complete imbecile.
Skinflute.....you are truly an IDIOT.
Have you bothered to actually READ Ackman's filings?
READ THIS CAREFULLY AND SEE IF YOU CAN ABSORB IT INTO YOUR LAME BRAIN:
ACKMAN IS NOT PHYSICALLY SHORT THE STOCK.
HE IS LONG PUTS IN HLF.........PERIOD.
What part of that does your pea brain NOT understand?
WRONG AGAIN,, SPORT. You should read Ackman's filings. He can't lie on those, you
He is NOT short the stock. The ONLY position he has is entirely in PUTS.
You are just showing what a MORON you truly are.
Hey skinflute......Ackman isn't short the stock. He owns PUTS you MORON. Kinda hard to cover PUTS after hours.
You are truly and IDIOT.
Often history repeats. Better be careful.
Better be careful.
Huh????....do you even understand how options work? Obviously not from your post.
And you certainly don't understand the term "leveraged"
Sheesh....no wonder it's so easy to take money from you idiots.
...and it will fall very fast.
It's ALL stated in his filings, sport........right there for anyone to read........that is of course, assuming you can read, which is in question.
You are a total moron.
I sure wouldn't be sleeping very well at night if I were long this bloated PIG.
The risk is MUCH more to the downside, and upside is very limited.
You stupid sheep aren't weighing the risk/reward in this bloated stock.
LOL, sport. The FACT is, Bill Ackman has outperformed you and every other long SHEEP on this board every since he opened his fund.
So just how STUPID does that make you?
You stupid sheep don't know what you're talking about.
Bill Ackman is not leveraged, therefore he can't get a margin call, you MORONS.
Seriously, just how STUPID are you SHEEP?